# Corning Incorporated – Consensus ‘buy’ rating and 17.2% Upside Potential

- Link: https://www.directorstalkinterviews.com/corning-incorporated-consensus-buy-rating-and-17.2-upside-potential/4121126292
- Published: 2023-08-30T12:24:09+01:00
- Author: Charlotte Edwards

**Corning Incorporated** which can be found using ticker (GLW) now have 12 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
target price High/Low ranges between 43 and 33 calculating the mean target price
we have $38.25. Given that the stocks previous close was at $32.65 this would imply
there is now a potential upside of 17.2%. The 50 day MA is $33.61 and the 200 moving
average now moves to $33.62. The market capitalization for the company is 28.06B.
The stock price for the company is currently is currently 32.9 USD

 The potential market cap would be $32,876,383,579 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 44.46, revenue per share of 15.77
and a 2.99% return on assets.

Corning Incorporated is a materials science technology and innovation company. The
Company operates through five segments: Optical Communications, Display Technologies,
Specialty Materials, Environmental Technologies and Life Sciences. The Optical Communications
segment manufactures carrier network and enterprise network components for the telecommunications
industry. The Display Technologies segment manufactures glass substrates for flat
panel liquid crystal displays and other high-performance display panels. Its Specialty
Materials segment is engaged in manufacturing products that provide material formulations
for glass, glass ceramics and fluoride crystals to meet demand for customer needs.
Its Environmental Technologies segment manufactures ceramic substrates and filters
for emission control systems. Its Life Sciences segment manufactures glass and plastic
labware, equipment, media, serum and reagents enabling workflow solutions for drug
discovery and bioproduction.

Share on: